2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
 GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186

About

Israel-Honduras Trade: In 2022, Israel exported $9.09M to Honduras. The main products that Israel exported to Honduras were Plastic Lids ($1.93M), Raw Plastic Sheeting ($981k), and Industrial Printers ($841k). Over the past 5 years the exports of Israel to Honduras have decreased at an annualized rate of 28%, from $47M in 2017 to $9.09M in 2022.

In 2006, Israel exported services to Honduras worth $2.38M, with Other business services ($2.25M), Computer and information services ($85.5k), and Royalties and license fees ($51.3k) being the largest in terms of value.

Honduras-Israel Trade: In 2022, Honduras exported $295k to Israel. The main products that Honduras exported to Israel were Electrical Transformers ($99k), Other Processed Vegetables ($87.8k), and Rolled Tobacco ($38k). Over the past 5 years the exports of Honduras to Israel have decreased at an annualized rate of 39.5%,  from $3.64M in 2017 to $295k in 2022.

In 2022, Honduras did not export any services to Israel.

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Israel exported $9.09M to Honduras. The main products exported from Israel to Honduras were Plastic Lids ($1.93M), Raw Plastic Sheeting ($981k), and Industrial Printers ($841k). During the last 5 years the exports of Israel to Honduras have decreased at an annualized rate of 28%, from $47M in 2017 to $9.09M in 2022.

In 2017, Honduras exported $295k to Israel. The main products exported from Honduras to Israel were Electrical Transformers ($99k), Other Processed Vegetables ($87.8k), and Rolled Tobacco ($38k). During the last 5 years the exports of Honduras to Israel have decreased at an annualized rate of 39.5%, from $3.64M in 2022 to $295k in 2017.

Exports from Israel (Flag) to Honduras (Flag) (2022)

Exports from Honduras (Flag) to Israel (Flag) (2022)

Latest Data

Trade between Israel (Flag) and Honduras (Flag)

Israel Exports

Honduras Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Honduras
Top Destination
United States$6.31B

This map shows whether countries import more from Israel or Honduras. Each country is colored based on the difference in imports they receive from Israel and Honduras or the difference in the growth in imports.

In 2022, countries that imported more from Israel than Honduras included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

In 2022, countries that imported more from Honduras than Israel included Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

Difference in imports from Honduras (Flag) and Israel (Flag) (2022)

Comparative Advantage Israel - Honduras

Flow
Scale

This chart compares trade between Israel and Honduras by product, considering products traded by both, Israel and Honduras.

During 2022, Israel had a large net trade with Honduras in the exports of Plastics and Rubbers ($3.68M), Machines ($2.25M), and Chemical Products ($1.25M).

During 2017, Honduras had a large net trade with Israel in the exports of Machines ($131k), Foodstuffs ($126k), and Vegetable Products ($32.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Honduras+$596kPlastic Lids
Top Product Potential Honduras Israel+$129kRolled Tobacco

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Israel and Honduras. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Israel.

Product Space of Israel (Flag) and Honduras (Flag) (2022)

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